Two California residents sue Anheuser Busch for allegedly watering down Budweiser and other beers "significantly" to boost profits, their attorneys say.
The tragic hot air balloon crash in Luxor on Tuesday comes at a time when Egypt's tourism industry has been struggling to prove that the country is still safe to visit in the wake of the 2011 revolution.
Brilliant minds across the financial world are still trying to work out the implications of the Italian election result.
Leaders of Italy's two main parties have made their opening gambits towards forming a new government after an election deadlock that saw voters reject European-backed austerity policies and a discredited political elite.
China will rein in its shadow banking system by requiring banks to provide greater disclosure about their off-balance sheet activities, according to people briefed on the new rules.
Ben Bernanke played down concerns about quantitative easing limits in dovish testimony to Congress that suggests the U.S. Federal Reserve will continue to purchase assets.
We've been at the same point many times before. The industry has repeatedly promised a "mobile advertising tipping point," yet despite the proliferation in smartphones, new advertising formats and new promises, mobile advertising is yet to come of age.
The ubiquity of the mobile internet has been thrown in to sharp relief at the Mobile World Congress trade show by two deals between US carmakers and digital and online service providers.
South Korean grocers and corner shop owners have issued an ultimatum to Japan: end your claim to a disputed set of islands in the East Sea or face a national boycott of your products.
The leader of Cyprus's centre-right party vowed to resume talks quickly with international bailout lenders and finalise a €17bn rescue by the end of March as he swept to an overwhelming victory in the island's presidential election on Sunday.
A coalition of Silicon Valley entrepreneurs, venture capitalists and social media experts will on Monday launch a campaign for comprehensive immigration reform, which will culminate in a "virtual march" on Washington in April.
Haruhiko Kuroda, president of the Asian Development Bank, emerged at the weekend as the frontrunner to win the government's nomination to become the next governor of the Bank of Japan.
Ministers have defended the government's economic record after the UK lost its triple A rating for the first time since the 1970s amid concerns over sluggish growth.
Japan's new prime minister on Friday offered the world a vision of his country as a reinvigorated Asian power, pledging to restore its influence in a region where it is increasingly eclipsed by China.
We receive them almost on a daily basis; text messages alerting us that our taxi is outside or our dentist appointment is tomorrow.
What happens when you mix detergent, cosmetics and a bucket load of adhesives? You get a multi-billion dollar German corporation called Henkel.
A leading figure in the party poised to head Italy's next government says a return for the country's previous Prime Minister, controversial politician Silvio Berlusconi, would be a "disaster."
Italy's electoral run-off between an ex-communist and a former cruise ship singer threatens to throw the country back into the spotlight of the European debt crisis.
Farm Radio Malawi is broadcasting crucial information that is helping struggling farmers improve their crops and boost their livelihoods.
The last time Shinzo Abe was Japan's prime minister, from 2006 to 2007, he staked his job on a campaign to strengthen ties with the US. But as he heads to Washington for his first summit since retaking power, any expectations of American gratitude will have to be tempered by new and complex political realities.
Citigroup tried to quell a shareholder revolt over executive pay by scrapping an old bonus scheme and setting tougher targets for its new chief executive.
Fresh violence, unrest and uncertainty are plaguing South Africa's mining sector, putting thousands of jobs at risk.
After Tiger Woods and Lance Armstrong', Oscar Pistorius is now reminding Nike that pinning your firm's reputation on a star can be risky.
The US Congress is preparing new Iran sanctions legislation that would target the European Central Bank's system for settling cross-border bank payments.
Hopes of a eurozone recovery were dealt a blow on Thursday by a very weak indicator of business activity in the French economy, which hit its lowest in nearly four years, prompting fears that Paris was stuck in a "downward spiral".
Twitter has unveiled a new automated advertising technology that promises to unlock the moneymaking potential of the microblogging site.
A federal judge in Washington Wednesday agreed to delay proceedings to allow Anheuser-Busch to revise its efforts to take over the Mexican brewers of Corona and Corona Light.
The Chinese government is sponsoring cyber-espionage to attack top U.S. companies, according to Grady Summers, vice president of security firm Mandiant.
After more than six years, Sony is set to unveil the latest iteration of its PlayStation line this Wednesday.
When starting a new job it is only natural to bond with people who share a similar background with you. But don't get too comfortable: sticking with your own kind can be a hindrance later in one's career, a new study suggests.
BHP Billiton has named the head of its non-ferrous metals division Andrew Mackenzie as its chief executive, replacing Marius Kloppers, who will step down in May.
"I don't think the euro should exist," said Saxo Bank co-CEO Lars Seier Christensen to CNN's Richard Quest, in terms that could hardly be less fractious to supporters of the 17-nation single currency bloc.
Amazon moved to curtail a growing public relations disaster over alleged mistreatment of foreign temporary workers in Germany by firing a security firm that a television documentary linked to the country's far-right.
David Cameron has increased the pressure on Royal Bank of Scotland's chief executive to "accelerate" reforms at the state-controlled bank amid fresh speculation about a mass offering of its shares to the public.
Iberia ground and cabin crews Monday began what they said was the biggest strike in the airline's history, but the company countered that it had already re-assigned most passengers to other flights to reduce airport chaos.
David Cameron, Ed Miliband and Nick Clegg have an uphill struggle before any EU referendum according to a poll that says only one in three would vote to stay in the bloc.
China's lunar new year holiday is the busiest time of year for the Zhengzhou East long-distance bus station. But officials in Shuyuanjie village, the district that owns it, complain that every bus rolling out of the station is a reminder of the revenue lost through corruption.
The most stringent curbs on bankers' pay since the 2008 financial crisis are to be imposed by the EU, as Britain faces defeat in Brussels over an issue dear to the City of London.
Warren Buffett has teamed up with one of Brazil's richest men to serve up the biggest takeover of the year, agreeing to take US ketchup maker Heinz private in a $28bn deal.
The London Summer Olympics may have been the most-watched event in television history but advertising revenue from the 2012 Games surprisingly disappointed French advertising group Publicis, as did revenue from last year's highly-watched European football championships.
Antitrust lawyers at the Justice Department Thursday paved the way for the proposed merger of publishers Random House and Penguin, which would create the biggest book publisher in the world, according to the parent companies.
Japan secured fresh ammunition against charges that it is recklessly expanding its monetary policy and weakening the yen after evidence emerged that the country's economy was in weaker shape than most experts had believed.
Every year, come Valentine's Day, I cringe at the thought of walking down the street with red roses, balloons and chocolates.
High tax is hurting European competitiveness in the energy sector, according to Iberdrola chief executive Ignacio Galan.
BP has put in place safety systems for offshore drilling that are ahead of any other company's, the UK oil group has said as it prepares for the trial over the 2010 Deepwater Horizon disaster.
Wall Street and the US administration have attacked a proposed eurozone financial transaction tax, claiming it overreaches borders, flouts international treaties and "breaks the bonds that bind our global economy".
When it comes to buying an iPhone in Brazil, consumers have one extra option that the rest of us do not.
US finance chiefs beware: accountancy's answer to RoboCop will soon be watching you.
Apple alleges that activist investor David Einhorn is attempting to hold other shareholders "hostage" to a proposal that does not serve the "public interest", in its response to a legal challenge by the Greenlight Capital chief executive.
The U.S. and European Union will begin talks later this year on a multi-trillion dollar free-trade pact to boost economic growth.
If new is a necessity, tech is your god and money no object then a $10,000 Vertu smartphone will probably catch your eye.
An attempt to soothe global currency tensions backfired on Tuesday as a joint statement by the world's richest nations roiled the markets.
The US and the EU will launch negotiations for a bilateral transatlantic trade deal, Barack Obama announced in his State of the Union address, in a long awaited decision which restores trade to centre of efforts to spur growth in large industrial economies.
Less than six months ago, eurozone watchers had been predicting the breakup of the 17-member bloc of nations as the euro plunged to a 25-month low against the U.S. dollar last July.
In India, gold is gifted at weddings, when a baby is born, during festivals, to mark a promotion -- at any celebratory occasion. Walk into any gold shop, at any time of the year, and you are bound to find customers choosing a gold bracelet or biscuit. It's part and parcel of Indian culture.
Antony Jenkins at Barclays is the one new British bank chief executive who wants to revolutionize the organization he has inherited. Stephen Hester at RBS has had to focus on fire-fighting the disasters left to him, and predominantly left corporate culture well alone.
In 2011 the Italian movie Habemus Papam depicted a pope struggling with his own conscience, who takes the outrageous decision of stepping down.
Italians don't tend to pay much attention to billion-dollar banking scandals when it comes to casting their votes for the country's next leader.
In 2008, as the financial crisis reverberated around the globe, Allan Chau worried how his business manufacturing parts for the auto industry would weather the downturn.
The yen plunged against the euro and the dollar on Monday after markets interpreted comments by international policymakers as a green light to sell the Japanese currency.
The first "pay-by-tweet" service has been launched on Twitter, with American Express introducing a service on Monday that lets its cardholders buy products simply by sending a short message.
Barclays is preparing to cut at least £2bn from its annual cost base of £20bn as part of a strategic overhaul to be presented by the bank on Tuesday, say bank insiders and analysts.
EU leaders agreed a seven-year budget after a bargaining session in Brussels lasting more than 24 hours.
If were born in the year of the Rooster, here's something to crow about: You are in for a "ss-super" 2013. Likewise, it's going to be a strong year if you're a Dog or an Ox.
China has banned advertisements for luxury products on its official state radio and television channels. The move is an apparent attempt to douse growing social frustration in the wealth gap between the country's rich and poor -- and to stop corruption conducted through luxury gift-giving.
High crime levels mean there are now 400,000 private security guards in South Africa -- more than the police and army combined.
EU leaders are on the brink of agreeing a €960bn long-term budget after an all-night bargaining session in Brussels as fiscal hawks, including the UK and Germany, appeared to prevail over those member states seeking more robust spending.
Mark Carney, current Bank of Canada governor and incoming governor for the Bank of England, faced questioning by UK parliament members on how he would lead as the first foreigner to helm Britain's central bank. Carney will succeed Mervyn King at the BOE on July 1, 2013.
When an academic report entitled "Goals Gone Wild" was released in 2009 it was greeted with delight by target-shy employees and irritation by managers.
It is a scene playing out in supermarkets across the world: a consumer waits to pay and, instead of browsing the magazines and chewing gum displayed alongside, she pulls out her mobile phone for a quick digital distraction.
Mario Draghi, European Central Bank president, on Thursday intervened in what some policy makers fear has the makings of a global currency war, sending the euro to its lowest level against the dollar in nearly two weeks.
Europe needs to cut back on its red tape and be more competitive if it is to succeed on a global stage, according to Diageo's chief executive.
When pictures leaked out in December of the late Steve Jobs' new yacht, Venus, leaving The Netherlands, interest was once again sparked in the mysterious world of the super mega yachts, and in those who build them for the super mega rich.
It is said that the devil would never dare cross the River Tamar into Cornwall for fear of ending up as a filling in a Cornish pasty. The legend, it seems, could just be true.
A bizarre three-and-a-half minute North Korean propaganda video -- depicting a city resembling New York but with its skyscrapers on fire -- was pulled from YouTube this week after videogame maker Activision said those scenes were lifted from its top-selling game "Call of Duty."
Egypt's tourism minister plans to install live webcams in holiday hotspots to prove the country's industry remains healthy.
Global unemployment is rising, with youth feeling the brunt, and companies need to find solutions to set jobseekers on "a clearer path to success," according to Coca-Cola CEO Muhtar Kent.
The fallout from the interest rate manipulation scandal hit three continents on Wednesday as Royal Bank of Scotland paid £390m ($612m) and admitted criminal price-fixing charges over Libor-rigging. A series of lurid emails cited in the settlement laid bare a culture where employees would readily alter rates in exchange for steak dinners.
Swiss banking giant UBS is changing the way it pays out bonuses to its 6,000 highest earners to limit the firm's exposure to risk and loss.
Sabanci Holding is Turkey's largest financial and industrial conglomerate and at the head of it all is one woman -- Guler Sabanci.
U.S. businesswoman Lady Barbara Judge is helping relaunch Japan's nuclear power program, which was suspended completely following 2011 Fukushima disaster.
Barclays increased the amount of money it must set aside to cover mis-sold financial products to consumers and business by more than £1 billion ($1.57 billion), greatly increasing expected legal payouts for the British banking sector.
In a first for a U.S. credit ratings agency, Standard & Poor's has received official notice from Washington that it will face a civil lawsuit over imprecise ratings -- now criticized as being too high by analysts, U.S. lawmakers and even S&P; itself -- of mortgage-backed investments that eventually contributed to the 2008 financial crisis.
The European Central Bank will need to more than double its manpower and hire around 2,000 bank supervision staff to put the eurozone's banking union into practice, according to a confidential study for the ECB.
Spanish and Italian bond and stock markets tumbled on Monday, bringing a months-long rally to an abrupt halt as investors pulled back amid a political storm in Madrid and as Silvio Berlusconi staged an electoral fightback in Italy.
Yum Brands, owner of the KFC fast-food chain, forecast a drop in 2013 earnings as a result of the fallout from food safety concerns surrounding its Chinese business, sending shares tumbling about 6 per cent in after-market trading.
Google has agreed to pay 60 million euros ($81.3 million) into a fund to help French newspapers develop their internet presence, in the biggest breakthrough yet in the dispute over copyright payments between Europe's print publishers and the search engine.
Foxconn, the contract manufacturer whose biggest customer is Apple, is preparing genuinely representative labour union elections in its factories in China for the first time, a powerful sign of the changes in the workshop of the world demanded by an increasingly restive workforce.
European investment banks are set to cut their bonus pools in the coming weeks by 20 per cent in a move that will exacerbate the pay gap with their US rivals.
The shale gas boom in the US is having a surprise knock-on effect in Europe -- a big increase in the burning of coal by European utilities, despite EU environmental policies designed to curb the share of polluting fossil fuels in the energy mix.
Easton Neston is the kind of place you'd expect to find in one of PG Wodehouse's comic novels -- a playground for England's eccentric and carefree landed gentry.
Royal Bank of Scotland is set to pay more than £500m ($780m) to US and UK authorities as early as next week to resolve allegations it manipulated benchmark interest rates, according to people familiar with the matter.
Italian Prime Minister Mario Monti said he was confident the UK would stay in the European Union, despite Prime Minister David Cameron's promise to hold a referendum on the topic.
A French job-seeker has "sold" himself with an online resume made to look like an Amazon page, proving that some creativity and attention to personal branding can go a long way.
UK authorities are probing an allegation that Barclays loaned Qatar money to invest in the bank as part of its cash call at the height of the financial crisis in 2008, which enabled the bank to avoid a UK government bailout.
The Netherlands has nationalised SNS Reaal, the fourth-largest systemically important bank in the Netherlands, at a cost to Dutch taxpayers of €3.7bn.
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